GBP/USD retraces the recent gains registered in the previous session, trading lower around 1.2200 during the Asian session on Tuesday. The pair moves
GBP/USD aims to recover from losses near 106.30, focus on UK CPI in consolidation possibly due to the market indecision about the trajectory of the US Federal Reserve's monetary policy. On Monday, the Rightmove House Price Index increased to 0.5% in October from the previous 0.4%. The yearly data showed that residential property prices declined by 0.8% compared to the 0.
4% decline in the previous report. Read more... GBP/USD into 1.2215 ahead of UK wage figures The GBP/USD gained on Monday, climbing back into 1.2215 as market risk appetite recovers heading into Tuesday's UK wages and US Retail Sales reading. UK Average Earnings Excluding Bonuses is expected to hold steady at 7.8% on Tuesday, while the figure with bonuses added in is seen declining from 8.5% to 8.3%. Read more...
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Pound Sterling Price News and Forecast: GBP/USD holds positive ground near 1.2160 amid the USD weaknessThe GBP/USD pair gains traction above the mid-1.2100s during the Asian session on Monday. The softer US Dollar (USD) lends some support to the pair. T
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Pound Sterling Price News and Forecast: GBP/USD clings to modest intraday gains above mid-1.2100sGBP/USD closed the last two trading day of the previous week in negative territory. Although the pair managed to stage a modest rebound early Monday,
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Pound Sterling Outlook: BoE Focused on Diverging Domestic DataUK inflation has shown limited progress as the BoE welcomes easing jobs data. UK average earnings, however, remains a problem for the monetary policy committee
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GBP/JPY testing up into 182.50 in Monday relief bid for Pound SterlingThe GBP/JPY is seeing gains for Monday, trading into 182.50 after Friday's dip into 181.27 on broad-market risk aversion. The Pound Sterling (GBP) is
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GBP/USD retraces the recent losses near 1.2150, focus on UK labor data, US Retail SalesGBP/USD retraces the recent losses, trading higher around 1.2150 during the Asian session on Monday. The pair faced challenges possibly due to the shi
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